Chapter 9Blockchain Governance, Risk, and Compliance (GRC), Privacy, and Legal Concerns
Blockchains can be an ideal platform for regulatory compliance because they establish a historically trusted audit trail that can be verified in real time.
Blockchains create comprehensive log data that can be used for audits and compliance. Audit trails are critical to maintain in most compliance requirements for businesses located anywhere. Blockchains are starting to take on additional use cases and a role in the compliance world. For example, blockchains will play the following critical roles:
- Blockchains enable enterprises to operate lawfully in a dynamic and changing regulatory environment.
- Blockchains have the potential to change the way investigations ...
Get Architecting Enterprise Blockchain Solutions now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
